504, Oceana - Caribbean
Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Oceana - Caribbean
What is 504 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,338 sqft
- Floor
- 6th of 14
- Parking
- B1-1250
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 30,900 /yr
- Last sold
- AED 3.7M · November 2024
- Building
- Oceana - Caribbean
About 504, Oceana - Caribbean
504 is a one-bedroom apartment of 1,338 sqft on the 6th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 25 November 2024 for AED 3,700,000, or AED 2,764 per sqft, 16% above the AED 2,391 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 120,000 a year: a gross yield of 3.2% on the 2024 price, before the service charge of about AED 30,900 a year.
Sales and rents for 504 over time
504 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Oceana - Caribbean, and where 504 sits
All 31 1-beds →504 last sold in November 2024 at AED 2,764 per sqft, 16% above what one-beds in Oceana - Caribbean were fetching at the time (AED 2,391). 504's AED 120,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 May 20251 May 2025 | 1,338 sqft | 4,500,000 | 3,362 | ||
| 12 Dec 202412 December 2024 | 1,491 sqft | 2,850,000 | 1,911 | ||
| 29 Aug 202429 August 2024 | 1,891 sqft | 4,050,000 | 2,141 | ||
| 30 Apr 202430 April 2024 | 1,338 sqft | 3,050,000 | 2,279 |
Oceana - Caribbean
Building92 apartments, 1-bed to 4-bed over 14 floors in Palm Jumeirah, completed in 2010 by Seven Tides. 1 sold in the last 12 months.
- Typical price per sqft
- AED 5,044
- Typical sale
- AED 11.5M
- Typical rent
- AED 306K /yr
- Typical yield
- 3.4%
Other units on the 6th floor
All 92 units in Oceana - Caribbean| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,709 sqft | AED 5.56MAED 5,555,000 · Jul 2024July 2024 | 165,000 /yr | |
| 502 | 3-bed | 2,280 sqft | AED 4.6MAED 4,600,000 · Jul 2021July 2021 | 180,000 /yr | |
| 503 | 1-bed | 1,338 sqft | AED 2.65MAED 2,650,000 · May 2013May 2013 | 300,000 /yr | |
| 505 | 3-bed | 2,280 sqft | AED 2.9MAED 2,900,000 · Oct 2020October 2020 | 280,000 /yr | |
| 506 | 2-bed | 1,709 sqft | AED 4.83MAED 4,825,000 · Oct 2023October 2023 | 250,000 /yr |
504, Oceana - Caribbean in numbers
- Sold 3 times: first on 14 September 2010 for AED 1,628,642, last on 25 November 2024 for AED 3,700,000 (AED 2,764 per sqft).
- Rented since March 2015 on 7 Ejari contracts, from AED 166,667 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 3.2%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 25 November 2024.
Questions about 504, Oceana - Caribbean
What did unit 504 last sell for?
AED 3,700,000 on 25 November 2024: AED 2,764 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 1,628,642 in September 2010.
What is the rent for unit 504?
AED 120,000 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 120,000; the unit has been rented since March 2015.
How big is unit 504?
1,338 sqft (124.3 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.
What is unit 504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 504, Oceana - Caribbean
Starts from the last sale price (AED 3.7M, 25 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,700,000
- Deposit, UAE resident (20%)
- AED 740,000
- Deposit, non-resident (40%)
- AED 1,480,000
- Monthly over 25 years at 3.7%
- AED 15,138
Plus AED 160,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →